DaVita HealthCare Partners Inc (DVA)
Current ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,137,910 | 3,155,290 | 3,167,720 | 3,148,720 | 3,690,170 |
| Total current liabilities | US$ in thousands | 2,642,210 | 2,619,750 | 2,398,530 | 2,476,140 | 2,372,100 |
| Current ratio | 1.19 | 1.20 | 1.32 | 1.27 | 1.56 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,137,910K ÷ $2,642,210K
= 1.19
DaVita Inc's current ratio has experienced fluctuation over the past five years, ranging from 1.19 to 1.56. In 2021, the current ratio was at its highest at 1.32, indicating a healthy liquidity position. However, in subsequent years, the current ratio decreased, suggesting a potential decrease in the company's ability to cover its short-term obligations with its current assets. The current ratio of 1.19 at the end of 2023 indicates that DaVita Inc may be facing some liquidity challenges. Further analysis of the company's current assets and liabilities is recommended to better understand the changes in the current ratio over the years.
Peer comparison
Dec 31, 2023